Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT) Short Interest Update

Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 17,033 shares, a growth of 81.1% from the May 31st total of 9,404 shares. Based on an average daily volume of 54,371 shares, the short-interest ratio is currently 0.3 days. Approximately 0.7% of the shares of the stock are short sold.

Defiance Nasdaq 100 Income Target ETF Stock Performance

Defiance Nasdaq 100 Income Target ETF stock opened at $18.47 on Thursday. The firm has a market cap of $42.11 million, a P/E ratio of 30.50 and a beta of 1.24. The business’s fifty day moving average is $18.54 and its two-hundred day moving average is $17.52. Defiance Nasdaq 100 Income Target ETF has a 52 week low of $15.24 and a 52 week high of $19.45.

Defiance Nasdaq 100 Income Target ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, July 2nd. Investors of record on Wednesday, July 1st will be issued a $0.3115 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 20.2%. The ex-dividend date of this dividend is Wednesday, July 1st.

About Defiance Nasdaq 100 Income Target ETF

The Defiance Nasdaq 100 Income Target ETF (QQQT) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that seeks current annual income of 20% by selling daily index call spreads on the Nasdaq 100. QQQT was launched on Jun 20, 2024 and is issued by Defiance.